Daily Archives: January 30, 2017

Kenya to hold Summit on Economic Innovation in Africa Organized by The Economist

Kenya will hold a summit on the 1st of February organized by The Economist Events on the theme ‘Driving economic and health-care innovation for tomorrow’s Africa’. The summit which will be held at the Radisson Blu Hotel, Nairobi, will converge local and international delegates sourced from the private sector, the business community, African governments, media and international bodies to explore how African economies can effectively innovate and navigate through the challenges experienced in health care, infant health, infrastructure, productivity, education and make changes in their already established systems. read more

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RMB internationalisation stalls in 2016

SWIFT RMB Tracker shows an overall decline in RMB payments by value for 2016, closing out the year in sixth place among currencies used for international payments read more

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New landmark conference will explore sustainability for Africa’s buildings

“SPACE” brings together real estate decision-makers and clean energy sector read more

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CIEHC-3, 3rd Congo International Hydrocarbons Conference & Exhibition

24 – 26 April 2017

Palais des Congres, Brazzaville, Republic of Congo read more

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New report reveals devastating human toll of Blyvooruitzicht Mine liquidation

The Blyvooruitzicht Gold Mine used to be one of the world’s largest and most profitable mining concerns, purportedly yielding some one million kilograms of precious metals over its 70 years of operation read more

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IMF Executive Board Completes First Review Under the Stand-By Arrangement and Standby Credit Facility Arrangement for Kenya

IMF Board approved completion of first review of Kenya’s economic program supported by the Stand-By Arrangement (SBA) and the Standby Credit Facility (SCF). read more

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Virunga Foundation and Aera Group Launch Carbon Certification for Renewable Energy in Democratic Republic of Congo

Matebe will produce more than 13.6 MW, supplying 600,000 people with clean, accessible and affordable electricity, kickstarting the green economy and bringing over 12,000 sustainable employments for those in the region of Rutshuru read more

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Inaugural Susuk Transaction – $150m Issued by an African Entity.

A leading pan-African multilateral development finance institution and project developer, Africa Finance Corporation (AFC), has issued its maiden Sukuk – which the highest-rated Sukuk issuance from an African institution. After attracting high levels of investor interest, the initial target of 100 million USD was more than twice oversubscribed, resulting in the transaction being upsized to 150 million USD and a final order book of approximately 230 million USD. The transaction represents the first Sukuk to be issued by an African supranational entity, and also the first Sukuk transaction in 2017. read more

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